In the aftermath of what was arguably one of the biggest storms ever to hit the East Coast, specialty value retailer Five Below ( NASDAQ: FIVE) and its customers rallied to raise $100,000 to assist in Hurricane Sandy relief efforts. In just four days, Five Below collected 50,000 $1 donations from customers across 18 states. The teen-focused chain, which had 20 stores directly impacted by the Superstorm, matched this donation dollar for dollar, bringing the grand total of funds raised to $100,000. Five Below will present its donation to the American Red Cross to support the ongoing response in assisting those affected by Superstorm Sandy.
“Five Below has dozens of stores located throughout Maryland, New Jersey, Long Island, and other East Coast locales hit by Hurricane Sandy,” said Tom Vellios, CEO and co-founder. “Our employees and associates all came out of the storm safely, and we were spared any major damage, but we know that not everyone was so fortunate. Cleanup and recovery will be long and arduous, and it will take the good will and hard work of many. We are proud to join with our customers in assisting these efforts.”
About Five Below
Five Below is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the teen and pre-teen customer. Five Below offers a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of category worlds. Five Below is headquartered in Philadelphia. For more information, visit
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV